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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: If a price floor on coffee is set above the market-clearing price, then
Post by: Sublight2097 on Jun 20, 2015
If a price floor on coffee is set above the market-clearing price, then
A) the quantity of coffee demanded will decrease.
B) the quantity of coffee supplied will increase.
C) the quantity demanded for coffee will increase.
D) Both A and B will occur
E) none of the above will occur.


Title: Re: If a price floor on coffee is set above the market-clearing price, then
Post by: Sydnie on Jul 9, 2015
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Title: Re: If a price floor on coffee is set above the market-clearing price, then
Post by: Sublight2097 on Aug 31, 2015
My mind was going in all different directions trying to figure this one out. Thanks so much.